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Nirmal Bang
Incorporated in 1986, Nirmal Bang Securities Pvt Ltd., (Nirmal Bang) is amongst the top full-service broking houses, offering various financial products and services. The Nirmal Bang group of companies was founded by Nirmal Bang, Dilip Bang and Kishore Bang. Nirmal Bang offers trading services in equities, derivatives, commodities and currency.
Stock trading is offered to retail clients through multiple channels including online trading in the BSE and the NSE. In addition to those services, the... 
GCL Securities
Incorporated in 2004, GCL is a Jaipur, Rajasthan based financial service provider. GCL is a full-service stock broker popular for its commodity trading services in Northern India.
GCL offers a range of financial services including online trading and investment in Equity, Derivatives, Currency, Commodities and Mutual Funds. GCL also offers wealth management and Portfolio management services. The company has a depository membership with CDSL and is a member of NSE, BSE, MCX and NCDEX.
GCL offer...
Incorporated in 1986, Nirmal Bang is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX, NMCE. It has 2000 branches across India. Incorporated in 2004, GCL Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 7 branches across India.
| Nirmal Bang | GCL Securities | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX, NMCE | BSE, NSE, MCX, NCDEX |
| Year of Incorporation | 1986 | 2004 |
| Number of Branches | 2000 | 7 |
Nirmal Bang trading account opening charges is Rs 0 while GCL Securities account opening changes is Rs 0 (Free). Nirmal Bang Demat Account AMC Charges is Rs 200 and GCL Securities Demat Account AMC Charges is Rs 300 per year or Lifetime free AMC for Rs 1250.
| Nirmal Bang | GCL Securities | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 200 | Rs 300 per year or Lifetime free AMC for Rs 1250 |
Nirmal Bang brokerage charges for equity is 0.2% and intraday is 0.02% whereas GCL Securities brokerage charges for equity is 0.20% and intraday is 0.02%.
| Nirmal Bang | GCL Securities | |
|---|---|---|
| Account Type | Basic Plan | Premium Plan |
| Fixed Charges | NA | NA |
| Equity Delivery | 0.2% | 0.20% |
| Equity Intraday | 0.02% | 0.02% |
| Equity Futures | 0.02% | 0.02% |
| Equity Options | Rs 35 | Rs 25 per lot |
| Currency Futures | 0.02% | 0.01% |
| Currency Options | Rs 20 | Rs 15 per lot |
| Commodity Futures | 0.01% | 0.01% |
| Commodity Options | Rs 50 per lot | |
| Special Offer | Special Offer: Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback. |
| Nirmal Bang | GCL Securities | |
|---|---|---|
| Account Type | Basic Plan | Discount Plan |
| Fixed Charges | NA | NA |
| Equity Delivery | 0.2% | Rs 25 per lot |
| Equity Intraday | 0.02% | Rs 25 per lot |
| Equity Futures | 0.02% | Rs 25 per lot |
| Equity Options | Rs 35 | Rs 25 per lot |
| Currency Futures | 0.02% | Rs 25 per lot |
| Currency Options | Rs 20 | Rs 25 per lot |
| Commodity Futures | 0.01% | Rs 25 per lot |
| Commodity Options | Rs 25 per lot |
| Minimum Brokerage | Rs 10 per contract | |
| Other Charges | ||
| Call & Trade Charges | Rs 0 (Free) in Premium Plan and Rs 100 per call in Discount Plan |
Nirmal Bang transaction charges for options is Rs 5700 while GCL Securities exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).
| Nirmal Bang | GCL Securities | |
|---|---|---|
| Equity Delivery | Rs 390 | NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%) |
| Equity Intraday | Rs 390 | NSE Rs 325 per crore (0.00325%) | BSE Rs 275 per crore (0.00275%) |
| Equity Futures | Rs 240 | NSE Rs 190 per crore (0.0019%) |
| Equity Options | Rs 5700 | NSE Rs 5000 per crore (0.05%) |
| Currency Futures | Rs 240 | NSE Rs 110 per crore (0.0011%) |
| Currency Options | Rs 5700 | NSE Rs 110 per crore (0.0011%) |
| Commodity | Rs 250 | MCX Rs 260 per crore (0.0026%) | NCDEX Rs 600 per crore (0.006%) |
Nirmal Bang margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the GCL Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Nirmal Bang | GCL Securities | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
The trading platforms offered Nirmal Bang include Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App. GCL Securities offers GCL On Time, GCL PRO WEB, ODIN DIET trading software.
| Nirmal Bang | GCL Securities | |
|---|---|---|
| 3 in 1 Account |  |
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| Charting |  |
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| Automated Trading | |
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| SMS Alerts | |
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| Margin Trading Funding | |
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| Margin Against Shares (Equity F&O) | |
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| Trading Platform | Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App | GCL On Time, GCL PRO WEB, ODIN DIET |
| Intraday Square-off Time | 3:15 | 3:10 PM |
| Other Features | ||
| Referral Program |
Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews whereas GCL Securities is rated 4.7 of 5 based on 20 customer reviews.
| Nirmal Bang | GCL Securities | |
|---|---|---|
19 Customer Reviews  |
20 Customer Reviews |
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| Broker Rating | Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews | GCL Securities is rated 4.7 of 5 based on 20 customer reviews |
| Nirmal Bang Enquire | GCL Securities Enquire | |
|---|---|---|
| Contact Broker | Leave your contact information and we will get in touch with you.... | Get Free Trading + Demat Account (No account opening fee) for limited time. Request a Callback. |
| Nirmal Bang | GCL Securities | |
|---|---|---|
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| Nirmal Bang | GCL Securities | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Good Till Cancelled (GTC) | |
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| Nirmal Bang | GCL Securities | |
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| Daily Market Report | |
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| Nirmal Bang | GCL Securities | |
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| Nirmal Bang | GCL Securities | |
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| Reviews | GCL Securities Private Limited, commonly known as GCL Securities or GCL Broking, is a Rajasthan based full-service broker incorporated in 2004 offering online and offline trading, investment, and premium financial services for an entire range of financial products like Equity, Derivatives, Currency, Commodities, Mutual Funds, Fixed Income, and IPO. The company offers free 2-in-1 account opening services with an option of traditional and discount brokerage plans to its customers. GCL Securities is a member of NSE, BSE, MCX, and NCDEX and has a depository membership with CDSL. The company offers ODIN based trading platforms to its customers via the mobile app - GCL On Time, web - GCL Prob Web, and as an installable trading terminal ODIN Diet. GCL is well known for its commodity trading and research services and offers investors hedging solutions and assistance in the physical delivery and procurement of commodities. |
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| Promo / Offers | Free Trading & Demat Account (for limited time only)Get FREE Trading + Demat Account (Zero account opening charges). You can also avail of attractive trading plans that suit your needs. Thereby saving up to 70% on brokerage. This is a limited time offer. Simply leave your contact information with us and GCL Securities representatives will contact you. |
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
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